According to the Zhito Finance APP, JIANGXI COPPER (00358) announced that on December 12, 2024, the company received notification from its controlling shareholder Jiangxi Copper Group Co., Ltd. ("Jiang Copper Group") that Jiang Copper Group increased its shareholding in the company's Listed in Hong Kong shares ("Listed in Hong Kong") by 0.714 million shares, accounting for approximately 0.02% of the company's total issued share capital ("this shareholding increase").

Following this shareholding increase, Jiang Copper Group plans to continue to increase its Listed in Hong Kong shares ("subsequent shareholding plan").

(1) Purpose of the shareholding increase: Based on recognition of the company's value and confidence in its future sustainable development, the goal is to convey positive information to the market and boost investor confidence.

(2) Types of shares intended for subsequent increase: unrestricted tradable Listed in Hong Kong shares.

(3) Quantity of shares intended for subsequent increase: The cumulative number of Listed in Hong Kong shares increased (including this shareholding increase) is not less than 34.6273 million shares of Listed in Hong Kong (approximately accounting for 1% of the company's total issued share capital), but not more than 69.2546 million shares of Listed in Hong Kong (approximately accounting for 2% of the company's total issued share capital).

(4) Implementation period of the subsequent shareholding plan: Considering market volatility, funding arrangements, and other factors, the implementation period of the subsequent shareholding plan will be within 6 months from the date of this announcement, and execution will be arranged according to the overall trend of the Capital Markets (if the company's stocks are continuously suspended for more than 10 trading days due to major planning matters, the subsequent shareholding plan will be postponed for implementation after the company’s stocks resume trading).

(5) Funding arrangements for the subsequent shareholding plan: The funding source for the subsequent shareholding plan will be Jiang Copper Group's own funds.